Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

IGNITE stands out as a distinguished platform for Commodity and Energy Trading and Risk Management (ETRM/CTRM), focusing on the intricate processes involved in commodity trading, logistics, and risk mitigation. Its comprehensive CTRM technology encompasses a range of essential functions, including pre-deal activities, contract oversight, trade financing, transaction recording (both physical and derivatives), risk assessment and monitoring, inventory oversight, operations, processing, realization, and settlement. This innovative multi-commodity Software-as-a-Service (SaaS) platform empowers clients to operate with agility and effectiveness across all business domains—front, middle, and back office—while significantly reducing costs compared to competitors. Recognized with multiple awards, IGNITE is pivotal for managing risks, developing trading strategies, and handling accounting and administrative tasks related to commodity trading and associated activities. With its advanced features and user-centric design, IGNITE enhances operational efficiency and fosters confidence in trading decisions.

Description

TRMTracker, developed using the sophisticated framework of FARRMS, stands out as a robust energy trading and risk management software solution that is revolutionizing the energy trading sector with its extensive web-based ETRM-CTRM features. Designed with a back-office-first approach, TRMTracker boasts unparalleled back-office capabilities, highlighted by its innovative formula-driven settlement and billing engine along with a highly acclaimed automated derivative hedge accounting module. The architecture of FARRMS is both template and formula-driven, which allows for easy configuration and maintenance without any coding, ultimately reducing ownership costs while enhancing the platform's adaptability to meet both current and future needs. This organically designed, workflow-oriented structure facilitates seamless processing of transactions, encompassing all stages from deal capture to risk management, scheduling, settlement, and accounting. As a result, users can expect improved efficiency and reduced complexity in their energy trading operations.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

IGNITE CTRM

Founded

2010

Country

United States

Website

ignite-etrm.com

Vendor Details

Company Name

Hitachi ABB Power Grids

Founded

1910

Country

Japan

Website

www.hitachienergy.com/products-and-solutions/energy-portfolio-management/trading-and-risk-management/trmtracker

Product Features

Commodity Trading and Risk Management (CTRM)

Accounting Management
Blockchain Technology
Commodity Trading
Contract Management
Document Management
Financial Management
Logistics Management
Reporting/Analytics
Risk Management
Third Party Integration

Energy Trading and Risk Management (ETRM)

Accounting Management
Asset Analysis
Blockchain Technology
Contract Management
Document Management
Energy Trading
Financial Management
Product Scheduling
Reporting/Analytics
Risk Management
Third Party Integration
Trade Validation

Product Features

Commodity Trading and Risk Management (CTRM)

Accounting Management
Blockchain Technology
Commodity Trading
Contract Management
Document Management
Financial Management
Logistics Management
Reporting/Analytics
Risk Management
Third Party Integration

Energy Trading and Risk Management (ETRM)

Accounting Management
Asset Analysis
Blockchain Technology
Contract Management
Document Management
Energy Trading
Financial Management
Product Scheduling
Reporting/Analytics
Risk Management
Third Party Integration
Trade Validation

Alternatives

Lancelot Reviews

Lancelot

Unicorn Systems

Alternatives

IGNITE CTRM/ETRM Reviews

IGNITE CTRM/ETRM

IGNITE CTRM
Fusion CTRM Reviews

Fusion CTRM

Fendahl International DWC
Eka Reviews

Eka

Eka Software Solutions
Fusion CTRM Reviews

Fusion CTRM

Fendahl International DWC
TRMTracker Reviews

TRMTracker

Hitachi ABB Power Grids
Allegro Reviews

Allegro

ION (Allegro Development)